The Connecticut House of Representatives has passed HB 6646, which is an act concerning crumbling concrete foundations.
The bill, which was first introduced in the January session of the General Assembly and was primarily sponsored by the Planning and Development Committee, will eliminate the termination date of Crumbling Foundations Solutions Indemnity (CFSI), the captive insurance company established pursuant to section 38a-91vv of the general statutes.
It will authorise the Connecticut Housing Finance Authority to make loans to CFSI.
In addition, it will require CFSI to submit a report concerning the damage caused by the presence of pyrrhotite to the concrete foundations of nonresidential buildings in the state.
Many homes in Connecticut were built using concrete made from stone aggregate mined from a quarry containing pyrrhotite. This results in cracks forming in the foundations of many of these structures, decades after they were constructed.
The CFSI, a non-profit captive insurance company, was set up in 2017 to distribute funding to fix the crumbling foundations in homes in the northeast side of the State of Connecticut.
Earlier this month, CFSI announced that it has completed 150 foundation replacements since its launch on 10 January 2019.
The bill has been adopted by the house and has been sent to Connecticut’s senate.
